Jun 16, 2013
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Opal Balance Investments Ltd. (TASE:OPAL) operates in the Wireless telecommunications industry.
Opal Balance Investments Ltd. company overviewOpal Balance Investments Ltd.'s most recent stock split was on June 16, 2013. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Opal Balance Investments Ltd. has split its stock once. This history records one reverse split, on June 16, 2013.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Opal Balance Investments Ltd.'s 1-for-100 reverse split on June 16, 2013, every 100 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Opal Balance Investments Ltd. has not announced a new split in our records. Its most recent split was on June 16, 2013, 13 years ago. Companies announce splits in advance, and any new TASE:OPAL split will appear on this page.
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